How many controls does Singapore Payment Services Act have?

Singapore Payment Services Act contains 28 controls organized across 6 domains.

Where does Singapore Payment Services Act apply?

Singapore Payment Services Act is applicable in Singapore (MAS). Organizations operating in or serving customers in this jurisdiction should evaluate its requirements.

What frameworks does Singapore Payment Services Act map to?

Singapore Payment Services Act has control-to-control mappings with 564 other compliance frameworks in our database. Use our compliance platform to explore these mappings interactively.

How do I get started with Singapore Payment Services Act compliance?

Start by understanding the framework's key controls and domains. Our compliance platform provides AI-powered gap analysis and mapping tools to help you assess your current posture and build a remediation plan.

Singapore Payment Services Act (PSA) — Digital Payment Token Regulation

Singapore's Payment Services Act (PSA, 2019, amended 2024) establishes a comprehensive licensing framework for payment services including digital payment token (DPT) services. Administered by the Monetary Authority of Singapore (MAS).

Domains

Part 5 — DPT-Specific Consumer Protections

Part 4 — Directions, Inspections and Investigations

Part 3 — Conduct of Business

Part 2 — Licensing of Payment Service Providers

Part 1 — Preliminary

Frequently Asked Questions

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